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PERION NETWORK LTD. AND ITS SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands (except share and per share d ata )

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 December 31, December 31,

 2014 2015

Assets      

      

    

    

    

    

Total Current Assets 156,155 144,019

      

    

    

    

    

    

Total Assets $ 356,139 $ 442,298

Liabilities and Shareholders' Equity      

      

    

    

    

    

    

Total Current Liabilities 64,900 106,625

Long-Term Liabilities:      

    

    

    

    

    

Total Liabilities 110,142 242,461

Commitments and Contingencies      

Shareholders' Equity:      





    

    

    

    

    

Total Shareholders' Equity 245,997 199,837

Total Liabilities and Shareholders' Equity $ 356,139 $ 442,298

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

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